NAR Reports Nations Home Sales Rocking in the New Year
Existing sales jumped out to a fast start in 2017, increasing 3.3 percent in January and surpassing November as the strongest pace (5.69 million) since February 2007 (5.79 million).
For the most part, homebuyers have showed resilience in recent months by overcoming dearth supply levels and higher rates and home prices. Whether or not this can continue remains to be seen.
